Pakailah Penilai Independen

Perbankan Harus Pakai Penilai Independen

Masyarakat Profesi Penilai Indonesia (MAPPI) menyatakan perbankan harus menunjuk penilai independen dalam menentukan nilai agunan, yang akan digunakan dalam menentukan risiko pinjaman.

Hal itu dikatakan Ketua Umum MAPPI Hamid Yusuf, di Hotel Sahid Jaya Jakarta, Selasa (4/8). "Agar tidak ada conflict of interest, jadi harus pakai penilai independen," ujarnya.

Agunan lebih merupakan syarat pelengkap yang harus dipenuhi setiap debitur dan telah diatur dalam undang-undang perbankan dan terkait dengan penyisihan penghapusan aktiva (PPA). "Bank wajib menggunakan nilai yang terendah apabila terdapat beberapa nilai dari penilai independen," ujarnya.

Sementara itun menurut substansi peraturan menteri keuangan (PMK) tentang jasa penilai publik, sebuah penilai publik dilarang untuk merangkap jabatan sebagai pejabat negara, pegawai negeri sipil, atau pegawai pada lembaga yang dibentuk perundang-undangan. 

Sumber: http://www.inilah.com

Quality assurance and Ethics Policy in Valuation part-1

This  the second part from Quality Control in Valuation assignment  and the fist Client Acceptance and Rejection in valuation assets

PURPOSE 
The conditions set on the Quality Policy and Ethics that applies to UJPXX. 

SCOPE 
Quality assurance and Ethics Policy is policy and determination of the quality of procedures, activities and maintain quality services and distribution services from UJPXX to each client. 

Quality assurance and Ethics Policy in this hierarchy is the document which is the highest reference in any activity UJPXX. 

Services and services provided by UJPXX among others: Property Services Rating: UJPXX conduct assessments against the property or other aspects associated with the property; Business Services Rating: UJPXX assessment of the value of doing business and other aspects related to the business; Consult other services: UJPXX advise other, and not limited to assessment services include: Feasibility Studies, Project Supervision, Rating Plantation, and others. 

Quality management system UJPXX of this is based on the shape and organization UJPXX, the nature of the services and service provision and UJPXX and prerequisite of all Client UJPXX . This provision applies to all employees UJPXX. 

DEFINITION 
Quality or size is the result of a process on the achievement of the qualitative / quantitative and compared with the reference standard which is the standard by the success of the process and UJPXX Clients. 
Statement of Quality is a commitment in writing from the Board of Directors and employees in accordance with The Quality Policy and Ethics is defined in the current year. 
Control is control over the requirements or limit the achievement produced to run in accordance with the provisions or standards which are owned by UJPXX. 
Services (services) is given by the output UJPXX to each client. Services documented in the form of a Working Paper, News Events, Rating Reports, or other form agreed between the Client and UJPXX. 
Documented is the form of a written work or policy. 
Of importance is the condition in which the Board of Directors and / or employees may have an opportunity not to be objective in accordance with the principles of independence and professional code of ethics. 
Recruitment selection process is based on the needs of employees with regard UJPXX career employees in the set. 
Permanent employees are employees who have been through the trial period for three (3) the first month of the date of receipt of the UJPXX and has received approval from the Board of Directors. Permanent employees will receive the facility in accordance with the position or rank of the set by UJPXX. 

PROVISIONS 

General Terms 
UJPXX Quality Control SOP arrange this as part of the prerequisites for the Quality Management System in the organization that has a standard to: exhibit the ability to obey the principle, to provide services that meet customer requirements and regulations. Improve customer satisfaction (customer satisfaction) through the application of the system effectively, including the process of sustainable improvement in the internal system and the certainty of the match customer requirements and regulations. 

UJPXX identify the processes needed to implement the Quality Management System. Included therein is a process that takes place in each process or activity related to the services UJPXX, namely the assessment. Identification is done in the SOP Rating. 

UJPXX define the order and interaction of the process that occurred with the full circumspection, analyzing processes, systems and procedures of each process in the form of a sequence of work, interaction and the standard form and flowchart, and other internal documents. 

UJPXX set the criteria and methods that ensure the process is in progress on UJPXX line with the nature of the work, the level of interest and priority work on the Quality Control SOP assignment. 

UJPXX ensure the existence and source of information available to support the operation and monitoring process in accordance with the chapter on Management of Resources and Training (Training). 

UJPXX monitor, measure and analyze the processes that take place in UJPXX based on the provisions of SOP study quality. 

UJPXX implementing the action needed to achieve the planned results in the chapter Sustainable Repairs (Continuous Improvement). 

UJPXX manage all internal and external documents that are still valid, such as Quality Control SOP, pictures and images of objects and other documents the assessment and comply with the Standard Rating Indonesia (SPI) of the professional associations. 

UJPXX to review the document and define the appropriate and feasible and associated with the process is in progress on UJPXX. 

UJPXX also ensure that only eligible to a number of documents that can be used as a reference, and a number of documents that are not valid (obsolete) was identified and removed as obsolete document that is not used in the process is running. 

UJPXX ensure access, storage or control of documents in accordance with the authority. 

Note UJPXX manage the quality of: Organization, Entity List / Company applied to the Obligation independence, Rating Reports, along with supporting documents and related paper work, reports Audit Quality, Training Records

Next…..

Guide Application of Cost Approach in Financial Reporting

Property, machinery and equipment in general are in the market must be distinguished from the specific property. 

Classification of assets as the specific property does not always have to use the valuation method with Depreciation Replacement Cost (DRC). Although the property is a special property, in certain cases be possible to do the special use property Market Data Approach, Cost Approach and / or income approach.

In case there is no market data, DRC is considered as an acceptable method to determine the value of specific properties, but the methodology is applied assessors should conduct the observation in market to estimation of reproduction / replacement and new levels of depreciation. This methodology is based on the theoretical transaction between parties who have an understanding of concepts such as market value. 

Valuer estimated cost equivalent modern asset on the relevant valuation date. This may include estimated cost to make the property ready for operation. Reflect the cost of all relevant costs that will be issued. For example, design, transportation, installation and operation preparation (commissioning). 
In the valuation of specific properties, the cost to purchase land suitable for development of special facilities that equivalent should be included with the cost required for the development of land. 

In determining the amount of depreciation, Valuer should compare with modern asset equivalent assessed against assets. Level of depreciation can be analyzed separately or as a whole include: Depreciation physical, functional or technical obsolescence, economic obsolescence, or external 

Depreciation due to physical age usage, and lack of maintenance, the valuation of different methods can be used in estimated cost required to improve the physical condition of assets. Estimation of the depreciation component and a specific cost or contractors can be used to compare directly with the condition of a similar unit. 
Functional or technical obsolescence may be caused by the progress in technology, because of new assets that can be more efficient in producing goods and services. 

Modern production technology that may cause the assets that have previously experienced dryness, either in whole or in part the cost of the new equivalent. Obsolescence and optimization may be considered to adopt the New Replacement Cost of Asset Equivalent that is different from modern reproduction cost of a new asset. 

External or economic obsolescence due to external influences can affect the value of the asset. External factors include changes in economic conditions, which affect demand for goods and services, and potential benefits of business entities. In addition you can also change due to the influence of government regulation rules, and social environment. 

When the method DRC values of the material is lower than the value of a property for the use of alternative, Market Value of the use of alternatives should be reported, together with the statement that the value for the use of alternative ignore things such as termination of business interruption or and cost required to use it. 
In the case of an entity can not continue business or operations based on information management, and the assessors argued that the property value will decrease when the material business activity or cease, then the statement about this should be loaded in the valuation report. 

In the implementation of DRC, assessors need to ensure that the main elements of the transaction market is considered, which include: the understanding of the asset, its function and the environment; study to determine the remaining physical age (for estimation physical depreciation) and the age of economic assets; understanding of changes in market trends, innovations and techniques or standards that affect the market asset (for estimation function or technical obsolescence); study of the potential of the change is to give external influences on asset (estimation for economic or external obsolescence); the top of the classification of assets in conjunction with market data available, the construction techniques and materials (for estimation cost of assets Equivalent modern); and understanding enough to determine the impact of external or economic obsolescence on the value of the development. 

For private sector an entity with specific properties, valuation is done with DRC should meet the test of adequate potential advantage in relation to an entity or unit of income. 

For public sector entities which are non-profit, the potential benefits that adequate testing is replaced with the potential of adequate public services. The government should see the fact that there's a test potential of adequate public services in the reporting of assets for many government agencies that use public sector assets in the context required to provide service to the public. Testing the potential of adequate public services performed by these entities. 

Assessors to report the results of valuation to market value of the Existing Use Value or Use in accordance with the test of adequate potential profitability or the potential for adequate public services, which is the responsibility of the entity concerned. 

In the Market Value for Existing Use or Value in Use, assessors must disclose that the method used is DRC and the value can only be used in a financial entity or the purpose of valuation of other relevant when the test has met the potential benefits adequate public services or potential adequate.